How to save on groceries amid inflated food prices

To feel the effects of inflation, just go to the supermarket. Although inflation, in general, I started thinning out last month along with gas pricesFood costs rose 1.1% in July, bringing annual gains to 10.9%, according to the latest release Consumer Price Index Numbers. The Home Food Index, a measure of price changes at the … Read more

Market on brink ahead of CPI report that will test the thesis of peak inflation

– The market pauses, hesitating, absorbing, awaiting the CPI number on Wednesday right in the border zone between “just a rally doomed by a bear market” and “maybe the beginning of a real base and a permanent advance.” The S&P 500 has been sideways below its early June highs for eight consecutive trading days now, … Read more

Top quality stocks oversold as market headwinds fade

The S&P500’s hot streak continued after the third consecutive week of gains, rising 9.1% in July. Enjoy a better-than-expected earnings season and some strong economic data, and the market may be ready to move forward from a dramatic first half. It’s certainly a view echoed by David Sekera, Morningstar’s chief US market analyst. “As the … Read more

Inflation could push the Fed to raise interest rates in August

CNBC’s Jim Kramer said Monday that the Federal Reserve may raise interest rates in August, ahead of its next scheduled meeting in September, if this week’s economic data shows inflation is not abating. “The Fed is still in charge of this market. A week ago, it looked like it might pull back, but after Friday’s … Read more

Inflation could push the Fed to raise interest rates in August

CNBC’s Jim Kramer said Monday that the Federal Reserve may raise interest rates in August, ahead of its next scheduled meeting in September, if this week’s economic data shows inflation is not abating. “The Fed is still in charge of this market. A week ago, it looked like it might pull back, but after Friday’s … Read more

Warren Buffett’s stock-marketing frenzy slows even during a major market downturn. Here’s why

Warren Buffett’s stock buying spree slowed dramatically in the second quarter even during a major market correction, and analysts said the Oracle of Omaha could conserve capital for other uses. The giant company’s quarterly reports showed that the net purchase of Berkshire Hathaway shares fell to $ 3.8 billion in the second quarter, compared to … Read more

Goldman says beware these stocks with unsustainable profit margins in a challenging environment ahead

Investors should prepare for tough times ahead, with some stocks in particular facing unsustainable margin growth expectations, according to David Kostin, chief US equity strategist at Goldman Sachs. Stocks have been on a tear lately, with the S&P 500 index up about 13% from its mid-June low. Kostin noted that better-than-expected second-quarter earnings supported this … Read more

Inflation is the next big focus for markets after the brutal July jobs report

Investors will turn their focus to inflation next week, after a strong July jobs report indicated that the Federal Reserve may need to take a tougher stance as it raises interest rates. It could also be a week in which investors are watching to see if higher Treasury yields begin to slow the tech sector’s … Read more

Bank of England launches biggest rate hike in 27 years

LONDON – IN Bank of England It raised interest rates on Thursday by 50 basis points, the largest increase since 1995, and predicted the UK’s longest recession since the global financial crisis. The sixth straight increase raises borrowing costs to 1.75% and represents the first half-point increase since the bank became independent from the British … Read more

5 things to know before the stock market opens on Friday

Here are the most important news that investors need to start their trading day: 1. Stock futures drop after jobs report People walk past the New York Stock Exchange (NYSE) on Wall Street on July 12, 2022 in New York City. Angela Weiss | AFP | Getty Images Stock futures fell on Friday morning After … Read more